Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.
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How Companies Use Pro-Forma Earnings
Pro-forma earnings are financial statements with hypothetical estimates that provide a "picture" of a company's profits if certain nonrecurring items are excluded. They may allow companies to ...
Cann Group Ltd. (AU:CAN) has released an update. Cann Group Limited has released a pro forma consolidated statement of financial position that has been reviewed by the company’s independent auditor, ...
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